Before we start explaining why you should use Your Finance Group Pty Ltd to assist you with your home loan, let’s look at why you should use a mortgage broker.

​Making the incorrect decision when it comes to your mortgage might end up costing you tens of thousands of dollars extra over the course of the loan. Some mortgages have uncompetitive interest rates and may be loaded with extra costs. A person might easily trip up because they lack the experience to know what to watch out for and what to avoid.​

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The cost reductions are what motivates most people to use a mortgage broker. When you needed a loan in the past, you would visit your neighbourhood bank manager for a conversation.​

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Prior to 2000, a sizable portion of mortgages were obtained directly from a bank or building society. However, now days more than 70% of all house loans are arranged through mortgage brokers and it’s probable that by the end of this decade, this number will reach 75%. The main reason for the huge growth in use of mortgage brokers is they have access to a huge range of lenders and home loan products, not just one or two products of one lender. There are several benefits to using mortgage brokers over dealing with lenders directly.